Yellow_Boxes

EURJPY TRADE IDEA (21-25 Aug)

OANDA:EURJPY   Euro / Japanese Yen
TRADE IDEA (21-25 Aug)
NEUTRAL
Bullish but showing signs of exhaustion
BEARISH SCENARIO
A close below 157.80 i would look for
SHORTS
BULLISH SCENARIO
Trendline is still supporting as well as the 157.80
to 158.00 support zone.
Would look to go LONG if i see a close back above
Trendline 4H chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.